News Room
Press Release
InterSearch Group Acquires La Jolla Internet Properties
Deal Expands Internet Technology Consulting and Corporate Services Offerings
SAN FRANCISCO, CA. — (BUSINESS WIRE) — October 12,2005 9:00 AM ET
InterSearch Group, Inc., (OTC: ISGP - News ) announced today that it has acquired La Jolla Internet Properties, Inc., a California company providing business customers with Internet technology consulting, web property development and search engine optimization services.
The new company complements and expands several of ISGP’s existing corporate services, including its Internet Technology Consulting and Corporate Search offerings. Terms of the transaction were not disclosed.
"La Jolla is an ideal fit for us as we continue our expansion in the Corporate Services channel," said Dan O’Donnell, President and CEO of InterSearch Group. "La Jolla widens our corporate client base and provides a further outlet to market our Corporate Search offering. It broadens the bandwidth and expertise of our consulting division, CCS, in Internet Technology Consulting. Additionally, we expect La Jolla will be a major asset in the continuing development and improvement of our existing web properties."
Robert Doolittle, President of La Jolla, commented: "We’re excited to join the InterSearch organization. We have always enjoyed a strong working relationship with InterSearch and we are happy to be a part of the team." La Jolla will be operated as a wholly owned subsidiary of InterSearch.
Based in La Jolla, Calif., La Jolla Internet Properties was founded in 2004 to provide Internet Technology Consulting, Web Property Development and Search Engine Optimization (SEO) Services and was originally funded by some of the current shareholders of InterSearch.
InterSearch Group, Inc. owns and operates several Pay Per Click (PPC) Internet search engines and provides Domain Monetization services, as well as search and technology consulting services to Fortune 500 companies. More information about InterSearch Group, Inc. can be obtained at www.InterSearch.com or by contacting the company at 415-901-0410. InterSearch Group’s stock is listed on the National Quotation Bureau under the symbol ISGP.
Except for historical information, matters discussed above are forward-looking statements within the meaning of safe-harbor provisions of the Private Securities Reform Act of 1995. Forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from projected results. Those factors include, but are not limited to, economic, competitive, governmental and technological factors affecting the Company’s operations, markets, services and related products, prices or other areas. The Company undertakes no obligation to publicly release the results of any revisions to forward-looking statements.
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Contacts:
Dan O’Donnell
President and CEO
415-901-0410 Ext. 411
dodonnell@intersearch.com
OR
Gary Bogatay
Chief Financial Officer
415-901-0410 Ext. 401
gbogatay@intersearch.com
OR
Mozaic Investor Relations, Inc.
Terry McWilliams
terrym@mozaicir.com